Bk Technologies (NYSEAMERICAN:BKTI) CEO John Suzuki Sells 2,777 Shares

Bk Technologies, Inc. (NYSEAMERICAN:BKTI) CEO John Suzuki sold 2,777 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $82.56, for a total value of $229,269.12. Following the completion of the sale, the chief executive officer owned 40,119 shares in the company, valued at approximately $3,312,224.64. The trade was a 6.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Bk Technologies Price Performance

Shares of BKTI traded down $1.22 during mid-day trading on Friday, hitting $83.56. The stock had a trading volume of 37,781 shares, compared to its average volume of 50,108. Bk Technologies, Inc. has a 52 week low of $36.17 and a 52 week high of $104.55. The firm has a market cap of $312.51 million, a P/E ratio of 23.41 and a beta of 0.61. The business has a fifty day moving average price of $87.37 and a 200-day moving average price of $81.37.

Bk Technologies (NYSEAMERICAN:BKTI) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.11. Bk Technologies had a return on equity of 39.83% and a net margin of 16.03%.The company had revenue of $21.29 million for the quarter, compared to analyst estimates of $21.30 million. Bk Technologies has set its FY 2026 guidance at 3.550-3.550 EPS.

Hedge Funds Weigh In On Bk Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of BKTI. Bank of America Corp DE boosted its holdings in shares of Bk Technologies by 3,882.6% in the 4th quarter. Bank of America Corp DE now owns 916 shares of the company’s stock worth $31,000 after purchasing an additional 893 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in Bk Technologies during the 1st quarter valued at approximately $225,000. Jane Street Group LLC bought a new position in Bk Technologies during the 1st quarter valued at approximately $367,000. Geode Capital Management LLC raised its position in shares of Bk Technologies by 107.8% in the 2nd quarter. Geode Capital Management LLC now owns 63,301 shares of the company’s stock worth $2,984,000 after acquiring an additional 32,844 shares in the last quarter. Finally, American Century Companies Inc. raised its position in shares of Bk Technologies by 167.6% in the 2nd quarter. American Century Companies Inc. now owns 34,166 shares of the company’s stock worth $1,610,000 after acquiring an additional 21,397 shares in the last quarter. 55.05% of the stock is currently owned by hedge funds and other institutional investors.

About Bk Technologies

BK Technologies Corporation is a designer and manufacturer of professional two-way radio communications equipment and systems. The company’s product portfolio includes portable radios, mobile radios, repeater and dispatch consoles, antennas and related accessories. BK Technologies serves a broad range of end markets that require reliable voice and data communications, including public safety agencies, government entities, utilities, transportation, oil and gas, mining and commercial applications.

BK Technologies offers both analog and digital radio platforms, supporting industry standards such as Project 25 (P25) for mission-critical communications.